Why you should consider it |
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- Avetta has over 450 global clients, including 85 of the Fortune 500 companies.
- Avetta's clients have seen a 50% reduction in their incident rates within the first year of using the Avetta platform.
- Avetta's platform has helped its clients save an average of $1.5 million annually in administrative costs.
| - Ivalua customers have reported an average of 8% savings on their procurement spend
- Ivalua has been named a Leader in Gartner's Magic Quadrant for Procure-to-Pay Suites for four consecutive years
- Over 300 leading companies trust Ivalua to manage their procurement processes
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What are the benefits? |
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- Contractor Management
- Safety Compliance Management
- Supplier Prequalification
- Supply Chain Risk
| - Cloud-based Procurement Software
- Contract Management Software
- Digital Procurement Transformation
- Global Procurement Solutions
- Intelligent Procurement Platform
- Procurement Analytics Software
- Procurement Management Software
- Source-to-Pay Solutions
- Spend Management Solutions
- Supplier Relationship Management
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Things to look out for |
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- Cost may be high
- Limited industry coverage
- May not be suitable globally
- Third-party verification required
| - Complex Implementation Process
- Expensive Solution
- High Learning Curve
- Limited customization options
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Who is it for? |
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- Compliance Professionals
- Contractors
- Facility Managers
- Human Resources Professionals
- Operations Professionals
- Procurement Professionals
- Risk Management Professionals
- Safety professionals
- Suppliers
- Supply Chain Professionals
- Vendors
| - Accounts Payable Managers
- Accounts Receivable Managers
- Buyers
- Category Managers
- CFOs
- Chief Procurement Officers
- CIOs
- Compliance Managers
- Contract Managers
- Finance Directors
- IT Directors
- Legal Counsel
- Operations Directors
- Procurement Managers
- Purchasing Managers
- Risk Managers
- Sourcing Managers
- Supply Chain Managers
- VPs of Finance
- VPs of Procurement
- VPs of Supply Chain
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Avetta
Avetta: A Comprehensive Supply Chain Risk Management Solution
Summary
- Avetta is a cloud-based supply chain risk management solution that helps companies manage their supply chain risks and compliance requirements.
- It offers a range of services, including supplier prequalification, contractor management, and supply chain risk management.
- Avetta is suitable for companies of all sizes and industries, including construction, manufacturing, and oil and gas.
- The key benefits of using Avetta include improved supply chain visibility, reduced risk, and increased compliance.
Key Features
- Supplier Prequalification: Avetta offers a comprehensive supplier prequalification process that includes verifying supplier information, assessing supplier risk, and ensuring compliance with industry standards and regulations.
- Contractor Management: Avetta provides tools for managing contractor compliance, including tracking certifications and training, managing insurance, and monitoring performance.
- Supply Chain Risk Management: Avetta helps companies identify and mitigate supply chain risks, including financial, operational, and reputational risks.
- Compliance Management: Avetta helps companies stay compliant with industry standards and regulations, including OSHA, ISO, and others.
- Analytics and Reporting: Avetta provides real-time analytics and reporting tools that help companies track supplier and contractor performance, identify areas for improvement, and make data-driven decisions.
Who Should Use Avetta?
- Avetta is suitable for companies of all sizes and industries that want to manage their supply chain risks and ensure compliance.
- It is particularly useful for companies in high-risk industries, such as construction, manufacturing, and oil and gas.
- Avetta is also ideal for companies that want to improve their supply chain visibility and reduce risk.
Competitor Comparison
Avetta's main competitors include:
- Assent Compliance: Assent Compliance is a cloud-based supply chain compliance solution that helps companies manage their compliance requirements.
- Resilinc: Resilinc is a supply chain risk management solution that helps companies identify and mitigate supply chain risks.
- OneTrust: OneTrust is a privacy management platform that helps companies manage their privacy compliance requirements.
Compared to its competitors, Avetta offers a more comprehensive supply chain risk management solution that includes supplier prequalification, contractor management, and compliance management.
It also provides real-time analytics and reporting tools that help companies make data-driven decisions.
Help & Support
What is Avetta?
Avetta is a leading provider of supply chain risk management solutions. Our services include contractor prequalification, auditing, insurance verification, and more.
Who can benefit from using Avetta?
Avetta is designed for businesses that rely on contractors and suppliers to provide goods and services. Our solutions help mitigate risk and ensure compliance throughout the supply chain.
What types of industries does Avetta serve?
Avetta serves a wide range of industries, including construction, manufacturing, oil and gas, utilities, transportation, and more.
How does Avetta ensure contractor compliance?
Avetta uses a rigorous prequalification process to ensure that contractors meet our standards for safety, insurance, financial stability, and more. We also offer ongoing monitoring and auditing to ensure continued compliance.
What is the Avetta Marketplace?
The Avetta Marketplace is a platform that connects businesses with qualified contractors and suppliers. It allows businesses to easily find and hire contractors that meet their specific needs.
What is the Avetta Connect platform?
The Avetta Connect platform is a secure, cloud-based solution that allows businesses to manage their supply chain risk and compliance. It provides real-time visibility into contractor compliance and performance.
What is the Avetta Advisor Program?
The Avetta Advisor Program is a network of third-party consultants who provide expert guidance on supply chain risk management. They can help businesses develop and implement effective risk management strategies.
How does Avetta help improve safety?
Avetta helps improve safety by ensuring that contractors meet our safety standards and by providing tools and resources to help them improve their safety performance. We also offer safety training and consulting services.
What is Avetta's approach to sustainability?
Avetta is committed to sustainability and corporate social responsibility. We work with our customers and contractors to promote sustainable practices and reduce environmental impact.
How does Avetta ensure data security?
Avetta takes data security very seriously and uses industry-leading security measures to protect customer and contractor data. We also comply with all relevant data privacy regulations.
Ivalua
Ivalua is a cloud-based procurement and spend management platform that helps businesses streamline their procurement processes.
It offers a suite of solutions that cover the entire procurement lifecycle, from sourcing and supplier management to contract management and invoicing.
Who should use Ivalua?
- Large enterprises with complex procurement needs
- Organizations looking to automate and streamline their procurement processes
- Companies looking for a scalable and customizable procurement solution
Key benefits and features of Ivalua
- End-to-end procurement and spend management
- Supplier management and collaboration
- Contract management and compliance
- Invoice management and automation
- Analytics and reporting
- Customizable workflows and configurations
- Scalable platform for businesses of all sizes
How Ivalua compares with its competitors
Ivalua is a leading procurement and spend management platform that competes with other solutions such as SAP Ariba, Coupa, and Oracle Procurement Cloud.
Compared to its competitors, Ivalua offers a more customizable and scalable platform, with a focus on end-to-end procurement and spend management.
It also offers advanced supplier management and collaboration features, as well as contract management and compliance capabilities.
Help & Support
What solutions does Ivalua offer?
Ivalua offers a complete suite of Spend Management solutions including Sourcing, Contracts, Procurement, Invoicing, Expenses and Supplier Management.
What industries does Ivalua serve?
Ivalua serves a wide range of industries including Manufacturing, Financial Services, Healthcare, Retail, Energy and Utilities, Public Sector and more.
What makes Ivalua different from other Spend Management providers?
Ivalua's complete, unified platform offers a single source of truth for all spend and supplier data, providing greater visibility and control. Our platform is highly configurable and can be tailored to meet the unique needs of each organization. Additionally, our focus on customer success ensures that our clients achieve their desired outcomes.
What is the implementation process like?
Ivalua's implementation process is highly collaborative and tailored to each organization's unique needs. Our team works closely with clients to ensure a successful implementation and provide ongoing support.
What kind of support does Ivalua offer?
Ivalua offers a range of support options including phone and email support, a customer portal with knowledge base and community forums, and a dedicated customer success manager.
Is Ivalua's platform secure?
Yes, Ivalua's platform is highly secure and compliant with industry standards including SOC 2 Type 2, ISO 27001 and GDPR.
Does Ivalua offer integrations with other systems?
Yes, Ivalua offers integrations with a wide range of systems including ERP, financial systems, and supplier networks.
What is Ivalua's approach to sustainability?
Ivalua is committed to sustainability and social responsibility. We have implemented a number of initiatives to reduce our environmental impact and support our local communities.
What is Ivalua?
Ivalua is a leading provider of cloud-based Spend Management solutions. Our complete, unified platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, lowering risk and improving employee productivity.